Identify the questions if its Macroeconomics or Microeconomics.

_____1. The inflation rate in the Philippines in the last quarter of 2013 was 4.8%.

_____2.A P340-billion deficit in the Philippine budget is expected in the year 2015.

_____3.Prices of Toyota vehicles are predicted to go up in December.

_____4.Garlic prices in the past months have risen because producers hoarded their supplies in their bodegas.

_____5.Unemployment rate has dropped because of the increase in the number of OFWs.

_____6.In the past year, Coca Cola was named the fastest selling product in the market.

_____7.Rental on land could not be increased by landowners because of the Rent Control Law.

_____8.Prices of apples and grapes tend to increase during the Christmas season.

_____9.The Philippine economy grew at the rate of 5.8% in 2013.

_____10. Philippine congress passed the Value Added Tax Law to strengthen the Philippine tax system.

Analyze the following example and choose the corresponding factors of production it belongs.

C - Capital

L - Land

LA - Labor

E - Entrepreneur

1. Carpenters

2. Business Proprietor

3. Modern HD Printer

4. Urban Area of Pampanga ( A place)

5. Production Equipment

Thank you so much!